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Lazard, Inc.

LAZ

Last
$36.75
Day
+2.6%
1y
-27.2%
5y
-25.6%
52w
-39.0%
SPY YTD
+13.3%
XLF
-1.3%
Earnings
2026-10-2212d
EMA 21
37.21
EMA 50
39.53
EMA 200
44.04
20d high
-12.2%
5y high
-41.4%
5y range
28th
Website · 3,279 employees · United States

Positions held

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Add it to see shares, cost, and P&L here.

Score
-12
Hold
avoid
Signal
Sell
Target
$38.16
Stop
$33.87
Stop distance
7.8%
Target vs last
+3.8%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Lazard's strong gross margin of 36.2% indicates effective cost management and operational efficiency in the competitive capital markets industry.
  • The company's operating margin expanded to 13.6%, showcasing improved profitability despite revenue fluctuations.
  • Lazard's market capitalization stands at approximately $3.54 billion, reflecting its significant presence in the financial services sector.
Bear case
  • The company's trailing P/E ratio of 17.82 suggests that it may be overvalued compared to its earnings growth, which has declined by 94.2%.
  • Revenue decreased by 16% compared to the prior quarter, dropping from $919 million to $772 million.
  • Lazard's score indicates a 'Sell' signal with a score of -6.00, highlighting negative trends in key performance indicators.

Fundamentals

Market cap$3.49BEnterprise value$4.78BTrailing P/E17.56Forward P/E9.77
PEG1.00Price / book3.82Beta1.46Dividend yield5.58%
Revenue growth0.1%Earnings growth-94.2%Gross margin89.5%Operating margin4.8%
Profit margin7.1%ROE25.7%ROA5.5%Debt / equity2.26
Current ratio5.31Free cash flow—Analyst recommendationholdMean target$44.50
52w high$58.7552w low$34.76

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue—$772M$919M$763M$808M$658M
Op margin—13.6%10.6%14.4%13.0%9.7%
Net income—$101M$49.9M$71.2M$55.3M$60.4M
Gross margin—36.2%30.6%34.7%35.7%34.6%
Gross profit—$280M$282M$265M$289M$227M
Operating income—$105M$97.6M$110M$105M$64.1M
  • Revenue -16% vs prior quarter ($772M vs $919M).
  • Gross margin 36.2% (was 30.6% prior quarter).
  • Operating margin expanded to 13.6%.

Yearly (6y)

20252024202320222021
Revenue$3.1B$3.1B$2.6B$2.8B—
Op margin12.0%13.6%-1.7%20.1%—
Net income$237M$280M-$75.5M$358M—
Gross margin33.8%35.1%23.7%41.4%—
Gross profit$1.1B$1.1B$605M$1.2B—
Operating income$377M$421M-$44.3M$569M—
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

LAZ · daily-2.1% over 13 sessions
Close EMA21 EMA50 EMA200
34.6235.3836.1336.8837.642026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$230M$460M$690M$919M0%18%36%2025-Q12025-Q22025-Q32025-Q42026-Q1